401(k) · DOL Form 5500 · 2023

Medica Services Company LLC 401(k) Plan

Data updated 2026-08-25

$412M
Total assets Above avg plan size
2,697
Participants Above avg headcount
97th
Percentile by assets National rank
$152,791
Avg per participant Above avg balance/head
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Official DOL plan name: Medica 401(k) Matched Savings Plan · Sponsored by Medica Services Company LLC · Minnesota · Finance & Insurance

$412M in assets, 2,697 participants

Medica Services Company LLC's Medica 401(k) Matched Savings Plan reported $412M in total assets and 2,697 participants in its 2023 DOL Form 5500 filing, ranking in the 97th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • #8,416 in Finance & Insurance (8,869 peers)

Coverage in Minnesota

Medica 401(k) Matched Savings Plan covers 2,697 participants in Minnesota, 2.4x the typical Minnesota plan (state average ~1,126 per filing). Assets: $412M.

#8,416
in Finance & Insurance (8,869 peers)
+31.9%
assets growth YoY
4.1×
vs typical plan assets (national mean)

Medica 401(k) Matched Savings Plan's outsized position by total assets

Medica 401(k) Matched Savings Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$412,078,405 Top 3% higher than 97% of 127,068 filed plans

This plan $0 $2,050,000,000 every filed plan with reported assets, bucketed by value

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Medica 401(k) Matched Savings Plan's large-plan peer group by participant headcount

Plan-year 2023 Form 5500 filings with a reported participant count, partitioned by headcount band, not by assets. Medica 401(k) Matched Savings Plan lands in the large band (2,697 participants).

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Medica 401(k) Matched Savings Plan reported net income rose from -$64M in the plan year 2022 filing to $100M in the plan year 2023 filing.
  • Medica 401(k) Matched Savings Plan reported participants rose from 2,043 in the plan year 2022 filing to 2,697 in the plan year 2023 filing.
  • Medica 401(k) Matched Savings Plan end-of-year assets rose from $312M in the plan year 2022 filing to $412M in the plan year 2023 filing.

See the national 2022→2023 release diff →

Plan-year Form 5500 strip

Filing strip 852902940 · Medica Services Company LLC PY 2023 · 401(k)

Medica 401(k) Matched Savings Plan · $412M · 2,697 · 97th

  • PCT $412M
  • PCT 2,697
  • PCT 97th
  • PCT 401(k)
  • PCT near Schweitzer Engineering Laboratories, Inc. 401(k) Plan
  • PCT ind #8416

Stamps derive from this plan's Form 5500 line items (assets, participants, type, EIN, cohort placement) - not a quality rating of the sponsor. Read with Finance & Insurance retirement plans → · Plans in Minnesota →

Medica 401(k) Matched Savings Plan in the asset neighbourhood

Domino's Pizza 401(k) Savings PlanDomino's Pizza 401(k) Saving…$413MMedica 401(k) Matched Savings PlanMedica 401(k) Matched Saving…$412MSchweitzer Engineering Laboratories, Inc. 401(k) PlanSchweitzer Engineering Labor…$412MWest Bend Mutual Insurance Company Employee Savings PlanWest Bend Mutual Insurance C…$412MFanuc America Corporation Savings PlanFanuc America Corporation Sa…$412M
End-of-year total assets ($M) among Medica 401(k) Matched Savings Plan and nearest nationwide 401(k) peers. Source: DOL Form 5500 plan year 2023.

Minnesota filing particulars

Total Assets (Beginning of Year)$312M
Net Assets (End of Year)$412M
Net Income$100M
Employer EIN852902940
Plan Effective Date2002-01-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Medica Services Company LLC)

Sponsor-wide plan assets over time

All Medica Services Company LLC plans reported in each filing year

Latest sponsor-wide plan assets
$455M 45.626393919382515% vs 2022
2024 filing year
$250M$300M$350M$400M$450M$500M 202220232024 $312M $455M ▲ +45.6%
Year Plans Participants Total Assets
2022 1 2,043 $312M
2023 1 2,697 $412M
2024 1 2,726 $455M

Nearby 401(k) Plans in Minnesota

Peer 401(k) plans, same state, same plan type, ranked by total assets.

Medica 401(k) Matched Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants Scatter plot of 6 data points. -1000000100000200000300000400000500000 -50510152025 Total assets ($B) Participants Medica 401(k) Matched Savings Plan, Total assets ($B): 0.412078405 · Participants: 2697Medica 401(k) Matched Savings PlanUnitedhealth Group 401(k) Savings Plan, Total assets ($B): 22.432100178 · Participants: 198972Unitedhealth Group 401(k) Savings PlanTarget Corporation 401(k) Plan, Total assets ($B): 13.008265857 · Participants: 432617Target Corporation 401(k) PlanMedtronic Savings and Investment Plan, Total assets ($B): 12.931979 · Participants: 44342Medtronic Savings and Investment Plan3M Voluntary Investment Plan and Employee Stock Ownership Plan, Total assets ($B): 12.04661588 · Participants: 360493M Voluntary Investment Plan and Employee Stock Ownership PlanU.S. Bank 401(k) Savings Plan, Total assets ($B): 10.271161911 · Participants: 75272U.S. Bank 401(k) Savings Plan
Medica 401(k) Matched Savings Plan vs. nearby 401(k) plans in Minnesota, assets vs. participants
Compare Medica 401(k) Matched Savings Plan side-by-side with 3 peers →

Medica 401(k) Matched Savings Plan's out-of-state 401(k) peers by assets and headcount

Outside Minnesota, the nearest 401(k) by assets is Schweitzer Engineering Laboratories, Inc. 401(k) Plan in WA ($412M); by covered participants it is Cks Packaging, Inc. 401(k) Plan in GA (2,697 participants). Same-state nearby plans are listed separately above.

Closest by plan assets

Nearest other-state filings by tot_assets_eoy ($412M here).

Similar participant headcount

Nearest other-state filings by covered participants (2,697 participants); asset peers above are excluded.

DOL Form 5500 plan year 2023. Asset totals can differ widely at the same headcount; neither axis is a quality rating.

Frequently Asked Questions

How did Medica 401(k) Matched Savings Plan assets move in 2023? ▼
Medica 401(k) Matched Savings Plan surged - up 31.9% during 2023, from $312M to $412M. Reported net income was $100M.
How have Medica Services Company LLC plan assets changed over time? ▼
Across 3 plan years on file (2022-2024), Medica Services Company LLC's sponsor-wide assets grew 45.6%, from $312M to $455M.
Where does Medica 401(k) Matched Savings Plan rank by assets among Form 5500 filers? ▼
Medica 401(k) Matched Savings Plan ranks in the 97th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top 5% of all filed plans by assets).
Which 401(k) plans are similar in size to Medica 401(k) Matched Savings Plan? ▼
Among 401(k) plans in other states, the closest by assets is Schweitzer Engineering Laboratories, Inc. 401(k) Plan in WA ($412M, 4,124 participants).
Which 401(k) plans cover a similar participant headcount to Medica 401(k) Matched Savings Plan? ▼
Among 401(k) plans in other states, the closest by covered participants is Cks Packaging, Inc. 401(k) Plan in GA (2,697 participants, $73M in assets).

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 852902940.

Read our methodology - how this data is sourced, computed, and verified.

Data sourced from U.S. Department of Labor Form 5500 filings (EBSA). See our methodology for details.